Monday, October 3, 2011

[New post] Revolution on Wall Street?



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New post on ThinkMarkets

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Revolution on Wall Street? <http://thinkmarkets.wordpress.com/2011/10/03/revolution-on-wall-street/>

by chidemkurdas <http://thinkmarkets.wordpress.com/author/chidemkurdas/>

by Chidem Kurdas

Protestors have "occupied" a square near Wall Street for weeks. Hundreds of them were arrested, some 700 while blocking the Brooklyn Bridge. The movement may be spreading to other American cities. At least one demonstrator says: "This is a revolution." <http://www.ft.com/intl/cms/s/0/8b599c38-eb87-11e0-a576-00144feab49a.html#axzz1Zf4oiWdJ>

They complain of joblessness and the inequities of global capitalism, though the sources of their distress vary widely, from having to pay back student loans to the depredations of the internal combustion engine. At this point their immediate, tangible adversary appears to be the New York Police Department. It is easy to make fun of disaffected middle-class kids with Apple computers camping out in Downtown Manhattan. They bask in media limelight while taunting working-class cops. Still, we should try to understand the matter. Read more of this post <http://thinkmarkets.wordpress.com/2011/10/03/revolution-on-wall-street/#more-4935>

chidemkurdas <http://thinkmarkets.wordpress.com/author/chidemkurdas/> | October 3, 2011 at 6:45 am | Tags: Arab Spring <http://thinkmarkets.wordpress.com/?tag=arab-spring>, Barack Obama <http://thinkmarkets.wordpress.com/?tag=barack-obama>, New York Police Department. <http://thinkmarkets.wordpress.com/?tag=new-york-police-department>, President Obama <http://thinkmarkets.wordpress.com/?tag=president-obama>, unions <http://thinkmarkets.wordpress.com/?tag=unions>, Wall Street Protests <http://thinkmarkets.wordpress.com/?tag=wall-street-protests> | Categories: Public Choice <http://thinkmarkets.wordpress.com/?cat=219230>, Rhetoric <http://thinkmarkets.wordpress.com/?cat=59966>, unemployment <http://thinkmarkets.wordpress.com/?cat=9986>, Welfare State <http://thinkmarkets.wordpress.com/?cat=396955> | URL: http://wp.me/pmseG-1hB

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